The Findlay Income Tax Department mailed calendar-year 2016 income tax filing notices to over 25,000 Findlay, Arlington, Mount Cory, and Vanlue taxpayers this week. The purpose of the notices is to remind local taxpayers of their obligation to file municipal income tax returns during the forthcoming income tax filing season.
The Tax Department will no longer issue income tax form packages. Soon after the first of the year, income tax forms will be available at the Municipal Building, at the main and Arlington branches of the Findlay-Hancock County Public Library, and at findlaytaxforms.com.
From each taxpayer who received the yellow postcard notice, the Tax Department will be expecting a 2016 municipal income tax return or an adequate response that the taxpayer is not required to file an annual income tax return.
Findlay, Arlington, Mount Cory, and Vanlue resident individuals who are 18 years of age or older are required to file a respective municipal income tax return even if they had no taxable income. Findlay and Arlington resident individuals, who are 16 or 17 years of age and who have income that is subject to the tax, must file even if no additional income tax is due. Mount Cory and Vanlue individual taxpayers are subject to the village income tax when they reach age 18.
Any person, business, or entity that conducted business or owned rental property in Findlay, Arlington, Mount Cory, or Vanlue must file a respective municipal income tax return, even if no income tax is due. Non-resident individuals who worked in either community must file if their employers did not withhold enough municipal income tax.
Non-residents who are subject to the income tax do not have to file if all their city or village income tax was completely and accurately withheld by their employers.
Sources of income that are subject to Findlay, Arlington, Mount Cory, and Vanlue income tax include salaries, wages, tips, severance pay, and contributions to deferred compensation plans such as a 401(k). Generally, employees can determine their taxable wages by using the higher of the amounts reported in box 1 or box 5 of each W-2. Lottery winnings, child care income, and business, farm, and rental income are also taxable.
Sources of income that are not subject to Findlay, Arlington, Mount Cory, and Vanlue income tax include interest, dividends, pensions, Social Security benefits, workers’ compensation, government-paid unemployment benefits, and Internal Revenue Code section 125 cafeteria plan contributions.
Partnerships, limited partnerships, limited liability companies, and S corporations that conduct business in Findlay, Arlington, Mount Cory, and Vanlue are required to report the income and pay the tax on behalf of the owners to the extent these pass-through businesses’ operations are apportioned to each community. Resident individual partners, members, or Findlay S corporation shareholders must then report their untaxed distributive shares. Losses are reported in the same manner.
The Tax Department issues the yellow postcard notices in early December to stay ahead of the holiday mail season and to obtain more favorable scheduling from bulk mail service providers.
Payments and income tax returns for all four communities can be placed in the drop box located in the east curbed island of the Municipal Building’s West Crawford Street parking lot. For assistance, taxpayers can call 419-424-7133 or visit the Tax Department in room 115 on the first floor of the Municipal Building. Office hours are Monday through Friday, 8:00 a.m. to 5:00 p.m. The office will be closed December 23, 26, January 2, 16, and February 20.